The Ford Racing Mustang FR500 is a highly tuned race variant of the Ford Mustang, featuring a V8 engine. It is a turn key race car not designed for public roads. Each FR500 model is built with a unique Ford Racing number, instead of a DOT VIN. Each is built to order by Ford Racing. All FR500s are made at the same Flat Rock, Michigan plant as the standard Mustang.
Ford announced that it would continue to offer FR500 models in 2010.